Green Car Congress

MAY 22, 2019

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ million of them—roughly 30% more units than conventional electric vehicle makers did.

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Oil Prices Gasoline-Electric Gasoline Oil 330

Green Car Congress

JUNE 5, 2011

Canadian oil sands & conventional production. Oil sands growth will drive Canadian crude oil production to about 4.7 million bpd in 2010—a 67% increase— according to the latest forecast from the Canadian Association of Petroleum Producers (CAPP). The forecast sees oil sands production rising from 1.5

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Green Car Congress

NOVEMBER 7, 2019

US shale production—the chief source of rapid growth that made the United States the world’s largest oil producer—is slowing down fast, says a new report by IHS Markit. It all represents the strongest headwinds for shale producers since the oil price collapse in 2015. —Raoul LeBlanc. —Raoul LeBlanc.

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Oil Price Oil Prices Production 170

Green Car Congress

JULY 9, 2016

Oil is exactly such an industry at the moment. No one is sure where oil is heading, near-tem forecasts range from $20 to $80 per barrel by the end of the year, and there are just too many wild cards on the scene. As Forbes author Art Berman wittily notes , rigs don’t produce oil, wells produce oil.

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Oil Oil Prices Price 2016 150

Green Car Congress

SEPTEMBER 13, 2020

The molybdenum market enjoyed three years of growing demand between 2016 and 2018, but macroeconomic concerns and a slower steel market resulted in a 2.3% Many molybdenum-containing steels and catalysts are used by the oil & gas industry, making molybdenum particularly sensitive to oil & gas market developments. decline in 2019.

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2020 2019 2018 Oil 186

Green Car Congress

AUGUST 25, 2017

Two diametrically opposed views dominate the current debate about where the oil price is heading. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields , development of greenfields , and exploration for new resources. We will explain.

Oil Prices 170

Oil Prices Oil Industrial Industry 170

Green Car Congress

JULY 5, 2016

According to a new forecast report from Navigant Research, global commercial alternative powertrain medium- and heavy-duty vehicle (MHDV) sales will grow from about 347,000 vehicles in 2016 to more than 820,000 in 2026, representing a CAGR of about 9%. Medium- and heavy-trucks represent 4.3% of vehicles in the US, drive 9.3%

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Global Sale North America Oil Prices 150

Green Car Congress

AUGUST 23, 2012

Increased activity in the Exploration and Production (E&P) sector will be the primary driver in pushing oil and gas capital expenditure (capex) to $1.039 trillion for 2012, according to the latest report by business intelligence firm GlobalData. billion, while the Middle East and Africa are forecast to spend $229.6

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Oil 2012 Oil-Sands Gas 210

Green Car Congress

JUNE 26, 2023

Saudi Arabia’s ambitions for an EV supply chain are part of the diversification of the national economy away from oil, a project guided by the government’s Vision 2030 reform plan announced in 2016. Rabigh Refining & Petrochemical Company will supply feedstock in the form of decant oil. Earlier post.)

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Saudi Arabia Supplies Building Chevron 170

Green Car Congress

FEBRUARY 5, 2018

However, oil will continue to play a leading role in the world’s energy mix, the report finds. In the forecast, global transportation-related energy demand grows close to 30% from 2016 to 2040. The share of the world’s electricity generated by coal is expected to fall to less than 30% in 2040 from approximately 40% in 2016.

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Light Oil Fuel Vehicles 170

Green Car Congress

FEBRUARY 23, 2017

The report estimates consumption to have been more than 500,000 barrels per day (b/d) in 2016. The estimates developed in the study have now been incorporated into EIA’s historical data and forecasts of petroleum and other liquids consumption in China. Annual methanol consumption in China, 2000-16.

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Green Car Congress

OCTOBER 16, 2013

The RFS aims to reduce oil imports and cut back auto emissions with cleaner-burning fuels such as cellulosic ethanol, biomass-based diesel, and sugar-cane-based ethanol. Kerr, GlobalData’s Managing Analyst for Downstream Oil & Gas. billion gallons of renewable fuel. That’s where biodiesel makes a significant contribution.

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Production New York City Tax Credit New York 210

Green Car Congress

FEBRUARY 3, 2015

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% —Lin Huaibin, manager, China light vehicle sales forecast, IHS Automotive. The IHS Automotive US light vehicle sales forecast for 2015 is 16.9

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2015 Light Market Global 150

Green Car Congress

FEBRUARY 17, 2012

Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 Key trends identified in the report include: Oil prices are expected to climb over the next decade, driving increased interest in. billion in 2011 to $185.3 billion by 2021. However, despite strong.

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Global Market 2012 Financing 253

Green Car Congress

JUNE 1, 2016

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. A sharp rise in oil prices would spur new investment and new drilling.

Oil 150

Oil Supplies Market Oil Prices 150

Green Car Congress

DECEMBER 16, 2013

In developing its projections, the EIA implemented a new approach to forecasting VMT, based on an analysis of VMT by age cohorts and the aging of the driving population over the course of the projection. Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8 Tcf in 2012 to 2.1

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Oil Light Energy Vehicles 290

Green Car Congress

APRIL 11, 2017

In its latest Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) projects that US crude oil production, which averaged an estimated 8.9 million barrels per day (b/d) in 2016, will average 9.2 That level is higher than originally forecast, exceeding the previous record level of 9.6 gal last summer.

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Gasoline Production Gasoline-Electric Oil 150

Green Car Congress

NOVEMBER 6, 2015

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

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Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

SEPTEMBER 4, 2012

is producing oil from phase D at its Christina Lake oil sands operation approximately three months ahead of schedule and within budget. Cenovus has decades of growth ahead in the oil sands. The manufacturing approach we use to develop our oil sands projects supports this long-term growth. Cenovus Energy Inc.

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Oil-Sands Oil Production 2016 218

Green Car Congress

APRIL 5, 2017

Platts RigData, a forecasting and analytics unit of S&P Global Platts, announced that the US rig count for March 2017 was 901, up 67 (8%) from February 2017, and up 391 (77%) from March 2016. The March US land rig count was 852, up 61 from the previous month and up 399 (+81%) from March 2016.

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Mexico North America 2016 2017 170

Green Car Congress

OCTOBER 27, 2010

The first commercial-scale facilities with a potential production capacity of 1 million gallons will likely come online in the 2014 to 2016 window, Pike forecasts, although construction delays, a lack of capital, and lingering investment risk could potentially obstruct growth. Algae’s ultimate threat is over-hype.

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2020 Production Water Oil Prices 319

Green Car Congress

OCTOBER 20, 2015

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. Between the April and the October forecasts in most of the data series, GDP deteriorates (blue font). Crude prices bear much of the responsibility: the April forecasts were based on $58.14

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Russia Saudi Arabia Oil Market 150

Green Car Congress

OCTOBER 13, 2011

Pike forecasts that the global market for biofuels will increase from $82.7 between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Multiple aims include the reduction of dependence on imported oil, mitigation of greenhouse gas (GHG) emissions, and driving economic development. billion in 2011 to $185.3

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Global Market Financing Oil Prices 225

Green Car Congress

JANUARY 25, 2016

Global energy demand will increase 25% between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil forecasts in the 2016 edition of its annual The Outlook for Energy. The company forecasts modest gains for plug-in electric cars, with cost and functionality remaining barriers. Source: ExxonMobil.

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2014 Carbon Energy Fuel Economy 150

Green Car Congress

APRIL 30, 2018

million barrels in 2017, a 36% decrease from 2016, according to the US Energy Information Administration (EIA). Both fuels are produced from a variety of fats, oils, and grease, collectively referred to as FOGs. million barrels in 2017, a 44% decrease from 2016 levels. Overall, US imports of biodiesel totaled 9.3

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2017 Diesel Argentina Indonesia 170

Green Car Congress

OCTOBER 25, 2015

It may just delay the adjustment for oil markets. “It In fact, Jeffries sees the spring of 2016 as a more critical deadline for struggling drillers hoping to keep their credit lines open. “We The ratings agency cut its forecasted oil price for 2016 to just $48 per barrel. That will keep the pressure on US shale.

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Saudi Arabia Oil Prices Oil Russia 150

Green Car Congress

NOVEMBER 14, 2016

Global carbon emissions from burning fossil fuels did not grow in 2015 and are projected to rise only slightly in 2016, marking three years of almost no growth, according to researchers at the University of East Anglia (UEA) and the Global Carbon Project. for 2016 marks a clear break from the rapid emissions growth of 2.3%

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Carbon Global Emissions Climate Change 150

Green Car Congress

AUGUST 14, 2018

US refineries are running at record levels in response to robust domestic and international demand for motor gasoline and distillate fuel oil, according to the US Energy Information Administration (EIA). In its August Short-Term Energy Outlook (STEO), EIA forecasts that US refinery runs will average 16.9 million b/d. million b/d.

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2018 2017 Gasoline Supplies 186

Green Car Congress

JANUARY 23, 2012

Under the Reference case, domestic crude oil production is expected to grow by more than 20% over the coming decade; already, domestic crude oil production increased from 5.1 Over the next 10 years, continued development of tight oil (e.g., Over the next 10 years, continued development of tight oil (e.g.,

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Oil 2005 Production 2010 210

Green Car Congress

SEPTEMBER 9, 2016

UPM BioVerno is produced from wood-based tall oil. Crude tall oil is gained as a result of the separation process of fibrous material from wood; it is a residue of pulp manufacturing. The tests were conducted on a vessel working on the Dutch Marker Wadden nature restoration project in the middle of the Markermeer lake.

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Mariner Fleet Finland Oil 150

Green Car Congress

OCTOBER 28, 2018

emissions increase in 2017 from 2016. The rise is mostly due to the increase of oil consumption from road transport. in 2017 from 2016. Twenty-two Member States have emitted less than their annual greenhouse gas emission targets under the ESD set for 2016. The rise was mostly driven by the road transport sector.

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Emissions Transportation 2017 2016 257

Green Car Congress

JUNE 11, 2018

In 2016, the IMO confirmed that global refiners and shippers would have to comply with these new environmental regulations five years earlier than many anticipated, which sent tidal waves through two industries that typically take many years to adapt to such significant change. —Kurt Barrow.

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Fuel Mariner Oil 2020 170

Green Car Congress

MAY 4, 2017

Over the three-month period, flight SQ31 will be powered by a combination of HEFA (Hydro-processed Esters and Fatty Acids), a sustainable biofuel produced from used cooking oils, and conventional jet fuel. The series of 12 ‘green package’ flights will also adopt ATM best practices from the ASPIRE program.

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Green Car Congress

FEBRUARY 24, 2016

A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. for oil, 24% for coal, and 20% for natural gas.

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Chicago MIT Tax Carbon 150

Green Car Congress

NOVEMBER 14, 2017

In a new study, IHS Markit forecasts that vehicle miles traveled (VMT) will by 2040 grow to an all-time high of around 11 billion miles per year (a 65% increase since 2017) in China, Europe, India and the United States—the key markets examined for the study—and will keep growing. IHS Markit, “Reinventing the Wheel.”

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Sale Miles Market Vehicles 150

Green Car Congress

MARCH 18, 2013

Projected rates of fuel consumption improvement under different scenarios relative to past experience and the 2016 and 2025 CAFE standards. Vehicle and fuel data were then used to forecast future LDV fleet energy use and GHG emissions using two models, as well comparing different policy-driven scenarios. Source: NRC. Click to enlarge.

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Hydrogen Oil Plug-in Fuel Economy 244

Green Car Congress

AUGUST 23, 2013

Belzowski also presented preliminary results from a survey of powertrain experts—from automotive manufacturers, suppliers, government, NGOs, academia and consulting—asking for their predictions of powertrain penetrations for 2016, 2020, and 2025. Advanced diesel will increase to 23% in 2025 from 17% in 2016.

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Diesel Audi Sale Fuel Economy 366